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LA Digs - Northeast LA Real Estate Blog

Welcome to LA Digs, the real estate and Northeast Los Angeles community blog written by Realtors Tracy King and Keely Myres.

Here, we share tips, market updates, and local news bits to keep you informed on what's happening in Northeast Los Angeles and the surrounding neighborhoods. Read on to learn about the latest in your neighborhood!

This Real Estate Rule Changed over Twenty Years Ago

This Real Estate Rule Changed over Twenty Years Ago

If the home you sell was your primary residence two of the last 5 years, guess what? There is no tax on your capital gains!

Whether we’re talking homes for sale in Glassell Park, commercial real estate in Eagle Rock or homes in Mt. Washington, nobody can dispute that it has been a seller’s market. Northeast Los Angeles real estate market remains red hot and many property owners have cashed in.

Though surely not everyone …

I can’t tell you how many times over the last 29 years someone has told me, “I don’t want to sell because I don’t want to pay the tax if I don’t buy another property within 2 years.”

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The 2017 Million Dollar Story Exceeds Expectations (Well, Mine Anyway)

The 2017 Million Dollar Story Exceeds Expectations (Well, Mine Anyway)

An investment in homeownership in NELA isn't just a sound investment in the good life. It's a good investment period. The numbers tell the story and they don't lie.

It's official. Owners of single family homes in Highland Park, Eagle Rock, Mt. Washington and even Glassell Park homes are asking - and getting - a million dollars or more. Let's face it: There's never been a better time to be a homeowner in Northeast Los Angeles. The numbers are in!

As of December 29, 2017 (the last day of the year that sales could be recorded by the County), zip code 90041 had 51 single family homes sell for over $1 million each, including the highest sale ever recorded here. And now in January, 2018, an even higher highest sale ever closed escrow! Yes, after 7 years of trying with various agents, the almost 3-acre historic Bekins estate at last sold to a comedian and his heiress wife for $5,250,000!


The following table shows the number of $million homes sold over the last 6 years in Eagle Rock (zipcode 90041), Highland Park (90042), Glassell Park (including Mt. Washington--90065) and for some contrast, South Pasadena (91030).

Million $ Single Family Homes

  Zip Code 90041
Eagle Rock
90042
Highland Park
90065
Glassell Park
Mt. Washington
91030
South Pasadena
 
  2012 0 1 2 30  
  2013 0 1 4 63  
  2014 10 3 5 76  
  2015 20 7 18 95  
  2016 34 10 27 97  
  2017 51 19 50 95  

What is going on? Are we in a bubble? This is the question so many people are asking now. Respected real estate experts (and it seems like everyone else) have been asking this question since 2012. These very same experts have been absolutely certain that these price increases are unsustainable. And yet they continue. Why? Partly because we continue to experience low interest rates and low inventory. Also, Northeast Los Angeles is still cheaper than most communities to the west of us like Los Feliz, Silverlake, even Echo Park. We are considered the closest “decent” neighborhoods to downtown according to many buyers. Others are beginning to look at other neighborhoods like El Sereno and Lincoln Heights who are seeing prices go up accordingly.

Let’s face it, prices go up and some people can no longer afford to buy where they want to. This is not a new story, but it’s painful if it’s your story.

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First Time Homebuyers: Feel Like You Have a Tiger by the Tail?

First Time Homebuyers: Feel Like You Have a Tiger by the Tail?

If today's homebuyers want to score big in the hot and active Northeast LA real estate market, it behooves them to think like a seasoned investor.

Many first time buyers in the crazy Northeast Los Angeles real estate market do feel like they have a tiger by the proverbial tail. From their point of view, they looked at dozens of homes for sale in Highland Park or Eagle Rock, dutifully attending open houses. They have competed time after time, pouring their hearts out in charming "I love your house and we are the cute couple you should pick to buy it" letters, scraping together every dime they can, revealing all their financial secrets to people they've never met and probably never will. And then, the 13th or 23rd time they go through this, they win!

They get to buy a house! Now what?


Now they do inspections and, oh my! This house needs work! It costs more than anyone they are related to — anyone they've ever known — has ever paid and it's not perfect! Not only that, this crazy market has been going up way too long and they just know that the minute they close escrow, the crash will happen and they will be stuck with an overpriced turkey that still needs work. Yikes! They have listened to their friends and reluctantly to Uncle Joe the accountant who bought his last house in 1982, and they are beginning to think the family and friends might be right—they are being chumps and they'd better get out while they can.

But they have a buyers' agent who reassures them that even though the house was sold as-is, even though the homeowners provided a general inspection and even a chimney and sewer inspection that revealed these issues, they can still ask for credits and repairs and negotiate the price down.

What the seller may choose to do about the requests is anyone's guess — but often they say no, or maybe they'll negotiate a little bit. Now the ball is back in the buyer's court. What next?

General thoughts: you can say yes, no, or negotiate somewhere between. But if this was a multiple offer situation, there is a good chance the seller has a backup offer, maybe even higher than yours, just waiting for you to back out. Or if you just give up and back out, often the property ends up selling for even more than you were willing to pay. We had that happen a few times in the last year, and sometimes it was a very significant amount of money.

Ask yourself if what you are feeling about this house is really your fear talking. After all, this is a big financial step for you—it might be the biggest step you've ever taken and you don't want to make a mistake. If you are asking all your friends and family what you should do, remember that the best advice they can give you from their perspective is to not take the step— because that is the "safe" choice. But in a couple of years when you still are renting an apartment and prices have continued to go up, will it really have been the safest path?

Some background: this crazy market has been recovering from the Great Recession for a good 5 to 8 years depending on where you are and what you define as "The Bottom." The majority of buyers have only been aware of it for about 4 years, when the number of homes on the market around my 'hood in Northeast Los Angeles dropped to almost nothing and prices started spiking up. For about the last 3 years, some people (many of them smart savvy Realtors) have said that this market is unsustainable and prices will soon level off—possibly even go down!

Suggestion #1: Look at what investors are doing. The beginning of the Renaissance of Highland Park began in 2009 when it truly was the bottom and investors came in and bought crummy thrashed foreclosures for cash, fixed them up with some style so that the people who could get a loan (if only from the Bank of Mom & Dad) would be attracted by the good looks and affordable prices and buy them—and the investor made a good profit. When the great deals got scooped up after a few years, eventually most investors moved on to higher priced neighborhoods where the profit margins were even higher again. Look at what's going on now, though—the investors have come back! Now NELA is where they can make a profit.

Many buyers today say that investors have scooped up all the "deals" and they cannot afford to buy the $million-plus flips that they produce. My question is, why didn't you buy the fixer when it was affordable and fix it up yourself? I have often heard buyers say that that is what they would like to do, but the investor went in and scooped up the property for themselves. In many cases, that is just not so. Here are the facts: in the 90041 Eagle Rock zip code, there were 34 $million + sales in 2016. Of them, 19 were flips. Of them, 12 were listed in the MLS, they were on the market an average of 69 days, and they sold for an average price of $645,000, which was slightly under the average asking price. And they sold fixed up for an average of $1,184,000 in 20 days on the market. That's about a $500,000 gross profit. Figuring in maybe $350,000 in renovation and sales costs, you have a net profit of $150,000. I'm guessing on costs, by the way.

But let's assume you never wanted to buy a fixer. The other interesting lesson to learn from where the investors are buying is that they think Northeast Los Angeles can sustain their investment/profit formula. Remember, they have a lot of risk—they generally pay cash (often with expensive hard-money loans), often self-fund the renovation, and generally take several months to complete the project. They do not want to risk so much money and time and then see the market go away, so if they have faith in the future market, that's a good sign.

Suggestion #2: Don't be confused about what you are really buying. Fix-it items on a house are just that, fixes. What is really important is the location, the lifestyle it offers you, the amenities nearby. I know my friends in the Midwest think our market is crazy—and they thought so 34 years ago when we bought our first house in Eagle Rock for $95,000. That particular house is probably worth $750,000 today, while the same house in Springfield, Missouri might be worth $125,000 today, maybe not that much. If the price of the home is that important or necessary to you, by all means, move to a less expensive area.

Keep in mind that real estate is primarily a long-term investment. If you are planning to move on in 2 years, maybe you should rent. But if you have the money and it seems like the right next step in your life, don't let your fears hold you back.

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Why Do We Buy Homes?

Everyone has been so concerned with the real estate market’s ups and downs, gain or loss in value, future prospects, that we have lost sight of the point of it all: Home.
Why do people buy homes? Here is a list of all the reasons I could think of quickly. How many apply to you?
  • To have one to live in, for the most part.
  • To define a space that is an expression of ourselves, our creativity, our artistic vision.
  • To be safe.
  • To be comfortable.
  • To provide shelter for ourselves and our families.
  • To be a personal retreat from a hectic world.
  • To be a meeting place for friends and family.
  • To be a symbol of our success.
  • To represent a stake in the community.
  • To be a tax write-off.
  • To be an investment.
  • To be a do-it-yourself project all our own.
Today, mortgage interest rates are at a 60-year low (!), prices are the lowest they’ve been in 5 to 10 years, and we are now seeing real (though tiny) signs that we are inching into recovery. The smart people are stepping forward and getting some great deals, not only on distress sales, but good regular houses.
Here’s my thought: even the properties that seem to be selling at a premium are deals today. If you look at what happened in the 90s and what people paid for homes in, say, 1995, today they look like incredible bargains. Even what people paid in 2000 was dirt cheap compared to now.Sometimes things don’t work out the way we want or expect them to. We move before we think we will because of work or divorce or some other necessity. But even if you have to move before your home becomes a profit center, you will have had the enjoyment of your own space. If you take a long view of owning homes and you focus on what you have put into living in them, the good times you have spent, the lessons you have learned, you may find that the returns have been much more than monetary. After all, do you only do the things in life that make you money? Do you only assess your success in life by the profits you have made? Or do love, comfort, joy and beauty enter into it?
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New Listing! 5326 Loleta Avenue, Eagle Rock

Tracy King | Teles Properties | (626) 827-9795
5326 Loleta Ave, Eagle Rock, CA
New listing! Open Sunday 9/11 2-5pm; and Tuesday 9/13 10-2.
3BR/1+1BA Single Family House
offered at $679,000
Year Built 1925
Sq Footage 1,859
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 2
Parking 2 Car garage
Lot Size 6,000 sqft
HOA/Maint $0 per month
DESCRIPTION

Want that open floor plan with a view from the kitchen to the family room out to the backyard? Want some Spanish character like a nice fireplace with Mayan-style tiles but with an updated kitchen with caesarstone counter tops and lots of cabinets? Want a master bedroom with its own bath and walk-in closet, and you want it separate from the other 2 bedrooms and bath? This is it! And there's more: hardwood floors, central air & heat, a completely fenced and gated backyard with room for play equipment and a fountain.
see additional photos below
COMMUNITY FEATURES

- Garage parking - Covered parking
OTHER SPECIAL FEATURES

- Built in 1925
- Located north of Colorado Blvd. in Eagle Rock
- For more open house information visit www.TracyKing.com
ADDITIONAL PHOTOS

Front
Porch
Living Room
Dining Room
Kitchen
Kitchen
Family Room
Family to Kitchen
Bedroom
Bedroom
Bath
Master
Master Bath
Master
Backyard
Back
Contact info:
Tracy King
Teles Properties
DRE Lic#01048877
(626) 827-9795
For sale by agent/broker
Equal Opportunity Housing
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Posted: Sep 8, 2011, 12:27pm PDT
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This one is freeway close!

Only $175k in Highland Park.
Photo

Sent from my iPhone

Posted via email from Tracy's LA Real Estate



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Price Reduced! 725 N Avenue 63, Highland Park

725 N Avenue 63
HIGHLAND PARK, CA
HUGE PRICE REDUCTION! OPEN SUNDAY, MARCH 6, 1-4PM. For more pictures and info go to www.725Avenue63.com

3BR/1+1BA Single Family House
$399,900
Year Built 1923
Sq Footage 1,024
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 1
Parking 1 Car garage
Lot Size 5,445 sqft
HOA/Maint $0 per month
Description

Price reduced almost $40,000 to $399,900! Sweet Craftsman cottage has it all--even the white picket fence! Located in the newly designated Garvanza area of the Highland Park Historic Overlay Zone, this is one of the most desirable neighborhoods in Highland Park, adjacent to Pasadena. This adorable 1923-vintage home has an efficient floor plan that covers it all--3 bedrooms, 2 bathrooms, hardwood floors, a rebuilt 1-car garage with rooftop deck, a backyard designed for entertaining with a patio, garden, and play area. Updated with central air & heat, remodeled kitchen & baths, crown molding, and bead-board wainscoting. The lot is completely gated and fenced for added privacy.
Property Features

Central A/C Central heat Hardwood floor
Tile floor Living room Refrigerator
Stove/Oven Granite countertop Laundry area - inside
Balcony, Deck, or Patio Yard
Other Special Features

Sweet honeymoon cottage, complete with the white picket fence!
Great location in Garvanza, near the Pasadena border
Updated kitchen and baths
Outdoor space ideal for entertaining with deck above garage, patio in back, and lawn (with views!)
For a detailed list of features and updates, visit www.725Avenue63.com
Additional Photos

725 N Avenue 63
Kitchen
Front Bedroom
Living Room
Bath
Back Yard
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

Equal Opportunity Housing
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Huge Price Reduction! 1857 Hanscom Drive, South Pasadena

1857 Hanscom Drive
SOUTH PASADENA, CA
HUGE PRICE REDUCTION! OPEN SATURDAY, FEBRUARY 12, 2-4PM AND SUNDAY, FEBRUARY 13, 2-4PM! For more pictures and info go to www.1857Hanscom.com.

4BR/3+1BA Single Family House
$799,000
Year Built 1966
Sq Footage 1,891
Bedrooms 4
Bathrooms 3 full, 1 partial
Floors 3
Parking Unspecified
Lot Size 5,190 sqft
HOA/Maint $0 per month
Description

Enjoy stunning sunset views from two levels of decks on this sophisticated 3-level home. Updated kitchen, living room, dining area flow out to the deck and create an open floorplan for entertaining and easy California living. Second level features 4 original bedrooms (one has been remodeled to a large laundry room but hookups remain in the garage as well), with 2 bathrooms. The third level is not included in assessor's square footage and offers an office area, storage room, bathroom with sauna/wine cellar opportunity, and the most fabulous man-cave in town with bar, home theater potential, huge space. REST measured the house to be over 3100 square feet. Seller says third level is permitted
Property Features

Central A/C Central heat Fireplace
Family room Living room Bonus/Rec room
Office/Den Dining room Dishwasher
Refrigerator Stove/Oven Microwave
Washer Dryer Laundry area - inside
Balcony, Deck, or Patio
Community Features

Garage parking
Other Special Features

Actual square footage is 3,100 including third level
Third level includes space for office, storage, family room and more!
South Pasadena School District
For more pictures and floor plan visit www.1857Hanscom.com
Additional Photos

1857 Hanscom Drive
Living Room
Kitchen
Balcony
Family Room
Bedroom
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

Equal Opportunity Housing
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Major Price Reduction! 1051 Dexter Street, Highland Park

1051 Dexter Street
HIGHLAND PARK, CA
OPEN SUNDAY, JANUARY 30, 1-4PM! For more pictures and information go to www.1051Dexter.com

2BR/1BA Single Family House
$349,000
Year Built 1921
Sq Footage 864
Bedrooms 2
Bathrooms 1 full, 0 partial
Floors 1
Parking 1 Car garage
Lot Size 6,400 sqft
HOA/Maint $0 per month
Description

Sweet Craftsman cottage is tucked up and away from the street on a private lot in Highland Park. Shielded from the street by rose and bougainvillea landscaping, perched on a hill with fantastic views, you are offered privacy inside and out. This 2 bedroom, 1 bath home features original details such as hardwood floors, built-in bookcases around the fireplace and a built-in buffet in the dining room. Major upgrades have been done including: foundation, front retaining wall, chimney and fireplace replaced and rebuilt in 2007, rewired electrical with upgraded circuits, and new floor tile in the kitchen and bath. There is a screened bonus room above the one-car garage with half bath (permit status unknown), perfect for guests, home office, art studio, storage. The terraced yard provides beautiful outdoor space with room for childrens' toys, a patio and stunning views of the mountains. This is a short sale and subject to lien holder approval.
Property Features

Fireplace Hardwood floor Tile floor
Living room Bonus/Rec room Dining room
Dishwasher Refrigerator Stove/Oven
Balcony, Deck, or Patio Yard
Community Features

Garage parking
Other Special Features

2 bedrooms, 1 bath
Upgraded foundation and front retaining wall
Chimney and fireplace rebuilt in 2007
Rewired electrical and upgraded circuits
Terraced yard with mountain views!
Bonus room above garage
This property is not available for rent
Additional Photos

1051 Dexter Street
Living Room
Dining Room
Back Yard
Bonus Room
View
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

Equal Opportunity Housing
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Price Reduction! 725 N Avenue 63, Garvanza

725 N Avenue 63
HIGHLAND PARK, CA
PRICE REDUCED! OPEN HOUSE SUNDAY, JANUARY 30, 1-4PM! For more pictures and info go to www.725Avenue63.com

3BR/1+1BA Single Family House
$447,500
Year Built 1923
Sq Footage 1,024
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 1
Parking 1 Car garage
Lot Size 5,445 sqft
HOA/Maint $0 per month
Description

Sweet Craftsman cottage has it all--even the white picket fence! Located in the newly designated Garvanza area of the Highland Park Historic Overlay Zone, this is one of the most desirable neighborhoods in Highland Park, adjacent to Pasadena. This adorable 1923-vintage home has an efficient floorplan that covers it all--3 bedrooms, 2 bathrooms, hardwood floors, a rebuilt 1-car garage with rooftop deck, a backyard designed for entertaining with a patio, garden, and play area. Updated with central air & heat, remodeled kitchen & baths, crown molding, and bead-board wainscoting. The lot is completely gated and fenced for added privacy.
Property Features

Tile floor Living room Laundry area - inside
Balcony, Deck, or Patio Yard
Other Special Features

Sweet honeymoon cottage, complete with the white picket fence!
Great location in Garvanza, near the Pasadena border
Updated kitchen and baths
Outdoor space ideal for entertaining with deck above garage, patio in back, and lawn (with views!)
Additional Photos

725 N Avenue 63
Kitchen
Front Bedroom
Living Room
Bath
Back Yard
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

Equal Opportunity Housing
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Featured Home: 3641 Kinney Place, Glassell Park

3641 Kinney Place
GLASSELL PARK, CA
OPEN SUNDAY, JANUARY 30, 1-4PM! For more pictures and information visit www.3641Kinney.com.

3BR/2BA Single Family House
$489,000
Year Built 1962
Sq Footage 1,392
Bedrooms 3
Bathrooms 2 full, 0 partial
Floors 2
Parking 2 Car garage
Lot Size 5,290 sqft
HOA/Maint $0 per month
Description

Nestled in the hills above Glassell Park, this delightful secluded home affords both stunning views from the city to the mountains from the top deck and cozy treetop views from the balcony below. Updated features include: new designer-remodeled chef's kitchen with 2 matching Swanstone sinks,Rosemary Caesarstone counters and custom maple cabineting with glass-front cabinets. The floorplan is just what buyers want today with the kitchen, dining and living space all open to the view and the deck, secluded by surrounding trees. There is new bamboo flooring on the main floor, slated tile entry and fireplace, premium dual-pane windows throughout and much more. The 2-car attached garage has direct access into the house and a new garage-door opener. There are 2 bedrooms, 1 bath upstairs. The third bedroom was converted to a convenient den off the living room with the laundry room and downstairs bath adjacent. The backyard down below offers a potential for great gardening or pet/play space
Property Features

Central A/C Central heat Fireplace
Tile floor Living room Office/Den
Dishwasher Refrigerator Stove/Oven
Laundry area - inside Balcony, Deck, or Patio
Community Features

Garage parking
Other Special Features

Built in 1962
1,392 SF on a 5,290 SF lot
Designer-remodeled chef's kitchen
New tankless water heater
New 30-year main roof
New bamboo floors on main floor
New dual pane windows throughout
Open living space that flows to a deck with spectacular views!
Additional Photos

View to Griffith Observ.
3641 Kinney Place
Kitchen
Living Room
Kitchen Window
Dining Area
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

Equal Opportunity Housing
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South Pasadena vineyard opportunity

This listing on Peterson in South Pasadena is listed for $1.1 million. Lovely house, but buy it for the bare hillside ideal for wine grapes.

Sent from my iPhone

Posted via email from Tracy's LA Real Estate

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New Listing! 1857 Hanscom Drive, South Pasadena

1857 Hanscom Drive
SOUTH PASADENA, CA
OPEN SUNDAY, DECEMBER 5 1:00-4:00; TUESDAY, DECEMBER 7 10:00-2:00; THURSDAY, DECEMBER 9 10:00-2:00

4BR/3+1BA Single Family House
$849,000
Year Built 1966
Sq Footage 1,891
Bedrooms 4
Bathrooms 3 full, 1 partial
Floors 3
Parking Unspecified
Lot Size 5,190 sqft
HOA/Maint $0 per month
Description

Enjoy stunning sunset views from two levels of decks on this sophisticated 3-level home. Updated kitchen, living room, dining area flow out to the deck and create an open floorplan for entertaining and easy California living. Second level features 4 original bedrooms (one has been remodeled to a large laundry room but hookups remain in the garage as well), with 2 bathrooms. The third level is not included in assessor's square footage and offers an office area, storage room, bathroom with sauna/wine cellar opportunity, and the most fabulous man-cave in town with bar, home theater potential, huge space. REST measured the house to be over 3100 square feet. Seller says third level is permitted
Property Features

Central A/C Central heat Fireplace
Family room Living room Bonus/Rec room
Office/Den Dining room Dishwasher
Refrigerator Stove/Oven Microwave
Washer Dryer Laundry area - inside
Balcony, Deck, or Patio
Community Features

Garage parking
Other Special Features

Actual square footage is 3,100 including third level
Third level includes space for office, storage, family room and more!
South Pasadena School District
For more pictures and floor plan visit www.1857Hanscom.com
Additional Photos

1857 Hanscom Drive
Living Room
Kitchen
Balcony
Family Room
Bedroom
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker
VISIT WWW.1857HANSCOM.COM FOR MORE PICTURES AND INFORMATION
Equal Opportunity Housing
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New Listing: 725 N Avenue 63, Highland Park

725 N Avenue 63
HIGHLAND PARK, CA
OPEN TUESDAY, NOVEMBER 30 10-2; THURSDAY, DECEMBER 2, 10-2; SUNDAY, DECEMBER 5, 1-4!

3BR/1+1BA Single Family House
$449,000
Year Built 1923
Sq Footage 1,024
Bedrooms 3
Bathrooms 1 full, 1 partial
Floors 1
Parking 1 car detached garage
Lot Size 5,445 sqft
HOA/Maint $0 per month
Description

Sweet Craftsman cottage has it all--even the white picket fence! Located in the newly designated Garvanza area of the Highland Park Historic Overlay Zone, this is one of the most desirable neighborhoods in Highland Park, adjacent to Pasadena. This adorable 1923-vintage home has an efficient floorplan that covers it all--3 bedrooms, 2 bathrooms, hardwood floors, a rebuilt 1-car garage with rooftop deck, a backyard designed for entertaining with a patio, garden, and play area. Updated with central air & heat, remodeled kitchen & baths, crown molding, and bead-board wainscoting. The lot is completely gated and fenced for added privacy.
Property Features

Tile floor Living room Laundry area - inside
Balcony, Deck, or Patio Yard
Other Special Features

Great location in Garvanza, near the Pasadena border
Updated kitchen and baths
Great outdoor space with patio above garage and patio in back
Additional Photos

Photo 1
Living Room
Kitchen
Bath
Back Yard
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

For more pictures visit www.725Avenue63.com


Equal Opportunity Housing
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New Listing: 5284 Ellenwood Drive, Eagle Rock

5284 Ellenwood Drive
EAGLE ROCK, CA
OPEN TUESDAY, NOVEMBER 30, 10-2; THURSDAY, DECEMBER 2, 10-2; SUNDAY, DECEMBER 5, 1-4

3BR/2BA Single Family House
$589,000
Year Built 1936
Sq Footage 1,530
Bedrooms 3
Bathrooms 2 full, 0 partial
Floors 1
Parking 2 car detached garage
Lot Size 7,238 sqft
Description

5284 Ellenwood Drive is a traditional-style home located in a desirable Eagle Rock location just below Hill Drive. Upon entry, the large living room greets you with a brick-faced fireplace, built-in bookcases, bay window, and entry to the side garden. Separate dining room leads to the light-filled kitchen, with new floor and tile. The home is complete with three bedrooms and two baths, one of which has the original 1930s tile in great condition. Hardwood floors throughout have recently been refinished. Other features include: basement for added storage, laundry room off the kitchen, central air and heat, flat enclosed yard, recently repaired chimney, new fence along south side of property and a two-car detached garage with bonus room perfect for office, art studio, or more storage! Located in the Blue-Ribbon Distinguished Eagle Rock Elementary School area - check with the school for attendance information.
Property Features

Central A/C Central heat Fireplace
Hardwood floor Living room Dining room
Dishwasher Refrigerator Stove/Oven
Microwave Basement Washer
Dryer Laundry area - inside Yard
Other Special Features

Award-winning elementary school district
Recently repaired chimney
Re-tiled kitchen
New paint inside and out
9 year old roof
Refinished hardwood floors
Additional Photos

Front
Living Room
Kitchen
Dining Room
Hall Bath
Back Yard
Contact Info
Tracy King
Coldwell Banker
DRE Lic#01048877
(626) 844-2256
For sale by agent/broker

For more pictures visit www.5284Ellenwood.com


Equal Opportunity Housing
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Pacific Oaks School Puts Historic Building on the Market

Pacific Oaks, a private school in Pasadena, has decided to sell off one of the two Craftsman-style mansions it occupies. The 1909 Myron Hunt designed building at 6 Westmoreland Place can be yours for the price of $4 million! The school feels it is not fully utilizing the large space.

The house is 11,000 square feet on three levels. Zoning could make it difficult to restore the building to its original use as a home, so an institutional use is most likely.

If this sounds like something that suits your needs, give us a call at 626.844.2256.

6 Westmoreland Place, Pasadena

6 Westmoreland Place, Pasadena

Listing courtesy of Hoss MacVaugh, MacVaugh & Co.

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2330 Hits

1560 Hazelwood Avenue, Eagle Rock

Dainty Spanish cottage features 2 bedrooms plus a den, decorative Batchelder-style fireplace in the living room, hardwood floors, inside laundry. Drought-tolerant landscaped front yard, raised vegetable garden in the back, covered patio, detached 1-car garage. Move-in ready with vented microwave in the kitchen, copper plumbing, newer drain & sewer lines, updated electrical, 5-year old roof. Driveway, shared with neighbor, was recently upgraded. Located near Occidental College and North of the happening York Blvd scene of Cafe de Leche, The York, art galleries, unique shops and Do It Best Hardware.  Listed for $349,000.

Open Houses:
October 26, 10-2
October 28, 10-2
October 31, 1-4
November 7, 1-4

Stop by and take a look!

For more pictures and information visit www.1560Hazelwood.com.  If you have any questions or would like to schedule a private showing, please call us at 626.844.2211.
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2577 Hits

1013 Oban Drive, Mount Washington

This property is all about the fabulous view off the large deck...

1013 Oban Drive

1013 Oban Drive

Do you even need to see any more?

Okay, okay, the rest of the house is pretty cool too... 1013 Oban is a modern-style home with 3 bedrooms and 2 baths. It has a great open floor plan with full length windows showing off that gorgeous view. The kitchen has stainless-steel cabinets and marble counter tops.

Kitchen

Kitchen

Living Room

Living Room

Details: Listed for $599,000, 1,384SF on a 6,534 SF lot, Mount Washington School District, hardwood floors throughout, central air, attached garage.

Want to see it? Give us a call at 626-844-2256.

Listing Courtesy of Henry Plascencia, Prudential.

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2794 Hits

1202 Kipling Avenue, Eagle Rock

1202 Kipling Avenue is our bright, light and airy new listing in Eagle Rock. Located north of Colorado Boulevard, Kipling is an updated traditional with 3 bedrooms and 2 full baths. Inside you'll find spacious rooms, slate and bamboo floors, central air and heat, updated electrical system and copper plumbing. The open floor plan is destined for entertaining!

Kitchen

Kitchen

Deck

Deck

Enjoy outdoor dining on the deck off the kitchen/dining area. The landscaped back yard is completely fenced.

Master Bedroom

Master Bedroom

Eagle Rock schools include Dahlia Heights Elementary (according to LAUSD School Finder). Easy distance to Eagle Rock Recreational Center and park, Old Town Pasadena, and freeways to further destinations.

Back Yard

Back Yard

Specs: Listed for $549,000. Built in 1948. 2,086 SF on a 5,009 SF lot.

For more pictures, visit www.1202Kipling.com.

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2856 Hits

857 Bank Street, South Pasadena

Usually when I see things like "original home added on to" in property remarks, I cringe instantly because a lot of add-ons are truly AWFUL. But when we pulled up to 857 Bank Street yesterday for broker's caravan I was very pleasantly surprised.

857 Bank Street

857 Bank Street

The Victorian house was originally built in 1890 and then moved to its current location in 1966. It is currently lender owned, and the bank is actually responsible for finishing the upgrades and add-ons. While there are some finishes that I might have done differently, the lender managed to maintain some original charm throughout the home. There are great floor inlays in the hardwood floors, beautiful tile work in the bathrooms, and large windows flooding the house with light throughout.

Front Door

Front Door

Living Room

Living Room

Modern upgrades include state of the art kitchen with two sub-zeros and a commercial range, master bath with jacuzzi tub and his-and-her's steam shower, central air and heat, and in-kitchen laundry

Kitchen

Kitchen

Master Bath

Master Bath

The home also has a good sized yard with a deck and a patio overlooking the lawn.

Rear View

Rear View

Specs: 5 bedrooms, 3 baths, two fireplaces (living room and master bedroom), a two-car garage, hardwood floors throughout, 3,190 SF on a 11,617 SF lot. Listed for $1,200,000. If you'd like to view this home, give me a call at 626.827.9795.

Listing Courtesty of Deborah Maxson, Sotheby's International Realty.

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  2720 Hits
2720 Hits